All the benefits in life come from compound interest Whether it's in relationships
Or making money
Or in learning
Compound interest is a marvelous force
You know you start out with 1x what you have
And then if you increased 20% a year for 30 years
It's not that you got 30 years times 20% added on
It was compounding so it just grew and grew until you suddenly got a massive amount of whatever it is Whether it is goodwill, love or relationships or money [repeat]
All the benefits in life come from compound interests All the benefits in life come from compound interests Long-term games with long term people
Long term games with long term people
Long term games are good not just for compound interest they're also good for trust For example, you're in Silicon Valley with people doing business with each other And they know each other
They trust each other then
They do right by each other because they know this person will be around for the next game But essentially if you want to be successful you have to work with other people
You have to figure out who can you trust over a long-long period of time
And you can just keep playing the game with them
So that compound interest and high-trust will make an ease and play the game
And would let you collect a major room board which are usually at the end of the cycle
All the benefits in life come from compound interests All the benefits in life come from compound interests Long-term games with long term people
Long term games with long term people
So those people have to signal they are going to be around for a long time
And they're ethical and their ethics are visible to their action
When you've been doing business with somebody
Friends with somebody for 10 years/20 years/30 years it just gets better and better Because you trust them so easy friction goes down
And you can do bigger and bigger things together
For example, the simplest one is getting married to someone having kids and raising children That’s compound interest right investing in those relationships
Those relationships end up being invaluable compared to more casual relationships
All the benefits in life come from compound interests All the benefits in life come from compound interests Long-term games with long term people
Long term games with long term people
All the benefits in life come from compound interests All the benefits in life come from compound interests Long-term games with long term people
Long term games with long term people
[Compound interests
Compound interests
Long-term games with long term people Long term games with long term people]
[Compound interests
Compound interests
Long-term games with long term people Long term games with long term people]
[Compound interests
Compound interests
Long-term games with long term people Long term games with long term people]